How high will bitcoin go
Will bitcoin's price keep dropping in 2023?
Financial crises like the FTX exchange and Signature Bank collapses, have wounded some cryptocurrencies and stocks. Bitcoin, on the other hand, is only growing stronger. Some say Bitcoin may even surpass the $66,790 price tag it earned in 2021 soon. We’ll explore why experts are so bullish on Bitcoin, and how you can prepare for a new all-time high. How high will bitcoin go in Unlike Ethereum or Solana, Bitcoin doesn’t have the benefit of being a sprawling ecosystem of highly varied crypto products and services. It is what it claims to be — Bitcoin is a digital currency, nothing more, nothing less. Coupled with its slow reaction to change and non-eco-friendly proof-of-work (PoW) consensus algorithm, Bitcoin is starting to seem less and less like a lucrative investment.
Bitcoin expected growth
WLD Price Prediction: Calculated Guesses and Possibilities
In February 2013, the exchange Coinbase reported selling US$1 million worth of bitcoins in a single month at over $22 per bitcoin. The Internet Archive announced that it was ready to accept donations as bitcoins and that it intends to give employees the option to receive portions of their salaries in bitcoin currency. Sign up for email and SMS alerts Returning to positive Bitcoin price predictions, ARK Investment Management fund manager Katie Wood has repeatedly stated that it’s possible Bitcoin will reach $100,000 in 2022. She further adds that recent network updates and the increased use of the Lightning Network payment application on the Bitcoin blockchain contribute to its scaling and usefulness. Wood predicts that the value of one Bitcoin could exceed $500,000 by 2026. In January 2022, she updated a forecast saying that the price of a single Bitcoin could reach $1 million in just another 8 years.